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Budget 2019: For every rupee in govt kitty, 68 paise come from taxes

Budget 2019: For every rupee in govt kitty, 68 paise come from taxes

Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.

5 July 2019 2:54 PM IST

Budget 2019: Petrol, diesel costlier as cess hiked by Re 1 per litre

Budget 2019: Petrol, diesel costlier as cess hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

5 July 2019 2:25 PM IST

Budget 2019: Govt to soon put in circulation new series coins of up to Rs 20

Budget 2019: Govt to soon put in circulation new series coins of up to...

These new coins will be made available for public use shortly, said Finance Minister Nirmala Sitharaman.

5 July 2019 2:17 PM IST

Budget 2019: Govt lowers fiscal deficit target to 3.3 per cent for FY20

Budget 2019: Govt lowers fiscal deficit target to 3.3 per cent for...

The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.

5 July 2019 2:12 PM IST

Budget 2019-20: Those without PAN can now file returns using Aadhaar

Budget 2019-20: Those without PAN can now file returns using Aadhaar

On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.

5 July 2019 2:01 PM IST

Additional tax deduction of Rs 1.50 lakh on interest on home loans proposed

Additional tax deduction of Rs 1.50 lakh on interest on home loans...

Government will also provide income tax deduction of Rs 1.5 lakh on interest paid on loans for purchase of electric...

5 July 2019 1:34 PM IST

Budget 2019: Firms with turnover of Rs 400 cr to pay lower 25 pc corporate tax

Budget 2019: Firms with turnover of Rs 400 cr to pay lower 25 pc...

Only 0.7 per cent of the companies will now remain outside the 25 per cent corporate tax bracket, says Sitharaman.

5 July 2019 1:26 PM IST

Budget 2019: Sitharaman earmarks Rs 70,000 crore for public sector banks

Budget 2019: Sitharaman earmarks Rs 70,000 crore for public sector...

Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.

5 July 2019 1:13 PM IST

Budget 2019: Pension benefit to be extended to around 3 cr retail traders

Budget 2019: Pension benefit to be extended to around 3 cr retail...

Rs 350 crore allocated for 2 per cent interest subvention for all GST-registered MSMEs on fresh or incremental loans.

5 July 2019 1:07 PM IST

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.

5 July 2019 12:59 PM IST

Budget 2019: FM announces 2 pc interest subvention for GST-registered MSMEs

Budget 2019: FM announces 2 pc interest subvention for GST-registered...

Sitharaman proposed the setting up of a payments platform for MSMEs for payment of bills.

5 July 2019 12:53 PM IST

Budget 2019: Government will invest widely in agri infrastructure: Sitharaman

Budget 2019: Government will invest widely in agri infrastructure:...

Every rural family, except those unwilling to take connection, will have electricity and LPG connection by 2022, said...

5 July 2019 12:50 PM IST